Every day I am looking on Rightmove. I’m looking for properties for this blog. I’m checking to see what is happening in the local market. I’m looking to see what competition is for sale ( e.g., what my vendors houses are competing with ).
Today, in my search I came across this two bed terrace for sale in Skerton. It looks cheap. You might say, too cheap to be true!
Is this Lancaster property too good to be true?
Alexandra Road is described as a well presented 2 bed house. On the photos it does not disappoint, hence we feel it’s possibly underpriced.
Take a look at the photos. The kitchen is modern. The white shower room is nicely tiled. If you rented this at just £450pcm, you get an annual return of £5400, or a gross yield of 7.7%.
Take a look at the details here….
http://www.rightmove.co.uk/property-for-sale/property-46623528.html